Where,if at all,do items A through G (listed below)belong in the following bank reconciliation? Items:
A.Checks written during June that had not cleared the bank by June 30.
B.Bank service charges for June which were not known until the June 30th bank statement arrived.
C.Deposit made on June 30 that did not reach the bank until July 1.
D.Upon reviewing the company's cash receipts book after June 30,it was discovered the accounting clerk had neglected to post one receipt to the cash account.
E.The bank statement reported a "NSF check" during June.
F.The bank incorrectly deducted the check of another company to the bank account during June.
G.The company was paid interest on its account by the bank.
Correct Answer:
Verified
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